Spiras Health, a Nashville, Tenn.-based provider of in-home and virtual healthcare solutions for patients with complex chronic conditions, raised $14M in Series B funding.
The round was led by NEA, with participation from existing investors Altitude Ventures, FCA Venture Partners, and other strategic investors.
The company intends to use the funds for new market launches, sales and marketing teams hiring and management team formation, as well as R&D with technological development.
Led by CEO Scott A. Bowers, Spiras Health is a clinical provider of care management and other health-related services to individuals with complex and chronic needs. Its approach to care delivery includes a combination of home-based services, telehealth, two-way digital communications and remote patient monitoring. Proprietary predictive modeling identifies and assesses individuals with an elevated probability of avoidable costs. Spiras Health then develops actionable plans of care, addresses barriers including social determinants of health and delivers high quality patient care.
The company already has multiple national payors under contract already, including the recently announced agreement with Clover Health.